2021 Thrift Savings Plan (TSP) Contribution Limits And The New TSP “Spillover” Method!

Tue, Dec 1st 2020, 4:59pm EST

The Thrift Savings Plan (TSP) contribution limits have been announced for 2021.  The 2021 IRS annual limit for regular TSP contributions will remain at $19,500, and the TSP Catch-up annual contributions limit will remain at $6,500.  TSP Catch-up contributions may be made in addition to regular TSP contributions, if you are age 50 or older (or will be turning age 50 in 2021). 

The Federal Retirement Thrift Investment Board has also announced the implementation of a new method for TSP Catch-up contributions called the “spillover” method beginning January 1, 2021.   Spillover will help simplify the TSP Catch-up process and will not impact the Agency Matching contributions.  

For additional detailed information.

Questions may be directed to AskBenefits@nih.gov or your Benefits Contact.

What was the best thing about this page?
What was the worst thing about this page?
Do not include personally identifiable information (PII). Please review our privacy policy.

Can we make this page better?

Let us know if you can't find the information you need, have a suggestion for improving this page, or found an error.

If your question requires an immediate response, please use the Contact Us form.

Do not include personally identifiable information (PII). Please review our privacy policy.